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The 1099-INT is a part of the 1099 Series of forms. This series of IRS tax forms is used to report a variety of different non-payroll payments. When it comes to e-file Form 1099-INT, there are specific filing requirements. Keep reading for a complete overview of the Form 1099-INT.
Table of Contents:
- What is Form 1099-INT?
- Who is Required to file Form 1099-INT?
- When is the Form 1099-INT Due Date?
- Form 1099-INT Filing Methods
- E-File Form 1099-INT With TaxBandits
What is Form 1099-INT?
Form 1099-INT specifically reports interest income to the IRS. In addition to filing 1099 INT on time with the IRS, a copy of Form 1099 INT must be distributed to recipients. As this form is filed on an annual basis, sometimes a refresher is necessary.
Who is Required to file Form 1099-INT?
You must file Form 1099-INT for each person to whom you paid $10 or more of interest reportable in Box 1, Box 3, or Box 8, including interest on US Savings Bonds and Treasury obligations. For certain interest paid in the course of a trade or business, the threshold is $2,000 for payments made in 2026, up from $600 under the OBBBA. You must also file for any person for whom you withheld and paid foreign tax on interest. The same applies to any person from whom you withheld federal income tax under the backup withholding rules, regardless of the payment amount.
When is the Form 1099-INT Due Date?
Here are a few key deadlines for form 1099-INT for the 2026 tax year.
| Recipient copy | Paper filing | E-filing |
|---|---|---|
| February 1, 2027 | March 1, 2027 | March 31, 2027 |
Form 1099-INT Filing Methods
Form 1099-INT can be filed either electronically or by submitting paper copies.
Paper filing:
The IRS accepts paper copies of 1099 INT Form. However, if you are filing 10 or more information returns in total (all form types combined, such as Forms 1099 and W-2), you must file Form 1099-INT electronically.
Want to know how to complete Form 1099-INT? Here are the step by step instructions for Form 1099-INT.
Electronic filing:
Form 1099-INT Electronic filing is more accurate, convenient, and secure than traditional paper filing. E-filing is the IRS preferred filing method because it allows them to process the forms at a faster rate and provide updates in a much shorter timetable. E-filing also gives you IRS filing status updates much faster than paper filing. Beginning with the 2027 filing season, IRIS will be the only IRS system for e-filing information returns, as the FIRE system is being retired.
E-File Form 1099-INT With TaxBandits
You can easily e-file Form 1099-INT with TaxBandits by following a few simple steps.
- Step 1:Create an account with TaxBandits.
- Step 2:Select or add the business you are filing for.
- Step 3:Enter the required Form 1099-INT details.
- Step 4:Review and transmit Form 1099-INT to the IRS.
Get started with TaxBandits today and stay compliant with the IRS! E-file as low as $0.80/Form
Need a recipient copy solution? TaxBandits has you covered! You can select from our postal mail and online access options.
TaxBandits supports the secure and accurate filing of Form 1099-INT Forms with the IRS and State. We also offer solutions for the distribution of your recipient copies.
